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Crown Minerals Act 1991

Permits, access to land, and other matters - Enforcement, remedies, and appeals - Restrictions on indemnities and insurance

89ZZZB: Restriction on insurance

You could also call this:

"No insurance for fines under the Crown Minerals Act"

Illustration for Crown Minerals Act 1991

You cannot enter into a contract of insurance that pays a person back for a fine imposed on them under the Crown Minerals Act 1991. This also includes any costs the person has to pay to defend themselves in court when the fine is given. The law says you cannot get insurance to cover these costs or the fine itself, as stated in the Crown Minerals Act 1991.

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This page was last updated on

View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=LMS624644.

Topics:
Environment and resources > ConservationBusiness > Industry rules
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89ZZZA: Restriction on indemnities, or

"Companies can't stop you paying fines if you break the law"

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89ZZZC: Effects of subparts 2 and 3 on Crown liability, or

"How subparts 2 and 3 affect what the government must do or pay for when oil and gas work is finished."

Part 1BPermits, access to land, and other matters
Enforcement, remedies, and appeals: Restrictions on indemnities and insurance

89ZZZBRestriction on insurance

  1. No person may enter into a contract of insurance that indemnifies or purports to indemnify a person (person C) in respect of—

  2. any pecuniary penalty imposed on person C under this Act; or
    1. any costs incurred by person C in defending any civil proceedings in which the pecuniary penalty referred to in paragraph (a) is imposed.

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      Notes
      • Section 89ZZZB: inserted, on , by section 18 of the Crown Minerals (Decommissioning and Other Matters) Amendment Act 2021 (2021 No 53).